PHOENIX-A slowdown in construction and the economy combined are causing overall net absorption in industrial space in Phoenix to drop considerably off, compared with prior quarters, and pushed the overall vacancies up.

PHOENIX-A project that local residents and preservations feared would destroy a local landmark, has been reduced in scope by a third, in exchange for $12 million in incentives from Tempe.

PHOENIX-The struggling national economy placed enough doubt in the minds of office lessors during the first quarter that there was negative net absorption of space and the vacancy rate rose by one percentage point, according to a new survey.

PHOENIX-The struggling national economy placed enough doubt in the minds of office lessors during the first quarter that there was negative net absorption of space and the vacancy rate rose by one percentage point, according to a new survey.

PHOENIX-Neighborhood and civic groups feel that they are being rushed to review changes to Phoenix's General Plan and are asking for more time to review the document that will determine how the city develops over the next decade.

TUCSON-Construction has begun on one of the largest apartment projects to be built in years on an 18-acre parcel on the east side of Tucson. When completed, the complex will have 304 luxury units.

PHOENIX-One of the largest stock brokerage firms in the nation has leased a floor in a $50-million Class A office tower that's under development by Opus West at the tony corner of 24th Street and Camelback Road in Phoenix.

PHOENX-The top-rated school in the world for international management hopes to have an agreement this week to lease 77 acres adjacent to its campus in Glendale for development of a hotel and student housing.